Private sector lender IndusInd Bank plunges 15% to hit intra-day low of Rs 1088.05 on NSE after posting its Q2 FY25 earnings, with a notable 39% year-over-year (YoY) decline in net profit. The bank’s latest results, released Thursday, also show moderate growth in net interest income (NII) but miss market profit expectations. Net Profit Falls
Go to Live UpdatesITC Share Price Today Live Updates, 25 Oct, 2024: The ITC share is in news and the counter closed trade on 24 Oct, 2024 at Rs 471.85. The shares touched an intraday high of Rs 482.95 in the last trading session while the intraday low was at Rs 470.00. The company’s market
Go to Live UpdatesIndusInd Bank Share Price Today Live Updates, 25 Oct, 2024: The IndusInd Bank share is in news and the counter closed trade on 24 Oct, 2024 at Rs 1278.90. The shares touched an intraday high of Rs 1285.65 in the last trading session while the intraday low was at Rs 1259.00. The
As the festive season approaches with Diwali and Dhanteras, gold and silver prices are reaching new highs. The price of 24-carat gold is nearing the Rs 80,000 per 10 gm mark, driven by the usual surge in demand during this time. Gold purchases around the festive season are common, both for investment purposes and as
GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a lacklustre opening on Friday. Here’s a look at the key stocks to watch in trade. GIFT Nifty ended down by just 3 points or 0.01% up at 24,456 indicating a flat opening for domestic indices NSE Nifty 50 and
The Securities and Exchange Board of India (SEBI) proposed on Thursday to mandate that valuations of mutual fund investments in repo transactions with a tenure of up to 30 days be conducted on a mark-to-market basis, aligning them with the norms for all other money market and debt instruments. Currently, the valuation of repurchase (repo)
The top Muhurat trading picks of 2023 have given an average return of nearly 6%, significantly underperforming the benchmark indices. While only 3 of the 12 gave returns above benchmark indices, none outperformed broader market indices. The data considers recommendations made by 11 brokerage firms for Samvat 2080, and includes only 12 stocks which were
By Nagaraj Shetti After showing sharp weakness on Tuesday, Nifty shifted into a consolidation on Wednesday and closed the day lower by 36 points. A small positive candle was formed on the daily chart with an upper shadow. Technically, this formation indicates a type of bullish inverted hammer-type candle pattern, not a classical one. A
It seems that the high-interest-rate regime, which prevailed for almost three years, has come to an end in the wake of the RBI slashing the repo rate by 100 basis points (bps) this year. However, there are some private sector banks that are still offering attractive interest rates on their fixed deposits (FDs) for senior
IndiGo airline operator InterGlobe Aviation reported a drop in first-quarter profit on Wednesday. The company posted a profit of Rs 2,176.3 crore for the April–June period, down 20.25 per cent from Rs 2,728.8 crore a year ago, and down 29 per cent sequentially from Rs 3,067.5 crore in Q4 FY25. Revenue from operations stood at
It was a quiet yet resilient day on Dalal Street as benchmark indices ended the session on a flat note with a slight upward tilt. The Sensex settled at 81,465.28, up 0.16%, while the Nifty wrapped up the day at 24,855.05, also gaining 0.18%. Meanwhile, the Nifty Bank ended the day at 56,150, down 0.13%.
It seems that long waits and weeks of uncertainty after filing income tax returns (ITRs) have become the thing of the past, at least for many individual taxpayers. This year, many taxpayers are receiving their income tax refunds within mere hours of e-filing their income tax returns. This is a major shift from past years
The Mumbai Metropolitan Region Development Authority (MMRDA) has deposited Rs 560.21 crore with the Registry of the Bombay High Court in an arbitration matter that involved Mumbai Metro One Private Limited (MMOPL). MMOPL, a subsidiary of Anil Ambani-promoted Reliance Infrastructure (R-Infra), is a joint venture between the company and MMRDA. While Reliance Infra holds 74
